Pay deals maintain higher trend

Germany

The WSI trade union-linked research organisation has published its half-year analysis of pay settlements and noted that the average increase of 3.2% is slightly up on last year's 3.0%. With inflation averaging 1.6% this means average real wage increases of 1.6%. WSI says this confirms an upward trend in pay and notes that in the first half of this year some of the large agreements have registered the highest increases, including engineering (4.1%), iron and steel (3.9%) and regional government (3.6%).

WSI (DE)

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